strong-arm powers

strong-arm powers
strong-arm powers
The bankruptcy code gives a trustee rights to reverse (avoid) certain transactions or liens which occurred within various time periods before the petition was filed. The trustee obtains the power that a hypothetical creditor would have had, even if no such creditor actually existed. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

strong-arm powers
The bankruptcy code gives a trustee rights to reverse (avoid) certain transactions or liens which occurred within various time periods before the petition was filed. The trustee obtains the power that a hypothetical creditor would have had, even if no such creditor actually existed.

US Bankruptcy 2012.


Glossary of Bankruptcy.

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